Qouls be dunny AF but I agree it is not likely to happen. I also wonder if we are about to revisit 58k in 3 years when this cycle bottoms again? Maybe ETFs + options on them will not allow such drawdowns?
I believe that the cycle will be fulfilled again, because people do not expect it 😂. The maximum will be more shy of the forecasts that go around giving, I think around 100k/120k at most 140k and then down to 58k 😂.
I thought about this today myself. Will (if there is) an 80% draw down after the bull into the next bear be the 58K Gang bottom?